This property looks like a bad Long-Term investment with a projected -13.62% first-year return on $134k initial cash invested.
-13.62%
Cash On Cash
4.08%
Cap Rate
0.62
DSCR
$3,634
Rent
-$1,518
Cashflow
Cash Flow
$3,634 income − $5,152 expenses = $1,518 out of pocket
Investment Breakdown
|
Purchase Price
$637k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$134k
Downpayment
20%
$127k
Closing costs
1%
$6,369
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,634
Total Expenses
$5,152
Mortgage P&I
96%
$3,500
Property Taxes
13%
$462
Home Insurance
6%
$227
HOA
1%
$18
Property Management
10%
$363
CapEx
5%
$182
Vacancy
6%
$218
Maintenance
5%
$182
Other
0%
$0